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    Question

    A certain sum of money amounts to Rs. 62,000 in two

    years and Rs. 76,200 in 4 years. Find the sum invested initially.
    A Rs. 47,800 Correct Answer Incorrect Answer
    B Rs.48,000 Correct Answer Incorrect Answer
    C Rs.49,000 Correct Answer Incorrect Answer
    D Rs.50,000 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    S.I for 2 yrs. = 76,200 – 62,000 = Rs. 14,200 ∴ Sum invested = 62,000- 14,200 = Rs. 47,800

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